Is computing power mining MLM
It's a scam. Many Internet enterprises and network security enterprises believe that illegal "mining" has become a serious network security problem
with the rise of "cloud mining", the virtual machine has become the main use object of digital currency such as Monroe coin and Eli coin, and the situation of embezzling cloud computing resources for "mining" has also increased significantly; Security team monitoring found that "competing for mining machine" has become one of the important purposes of Botnet expansion; And found a new type of "mining" virus (mining XmR / Monroe), the virus spread wildly in two months, illegal "mining" profits of nearly one million yuan
extended information:
from a commercial point of view, the business model of mining can walk out of a "healthy road". As long as the "incentive money" is lower than the average cost of new users in the market, the business model will be reasonable and feasible
however, if the platform tempts users to participate with "no capital, no profit", it is worth being vigilant. The so-called "mining" opportunity provided by the platform is likely to be "digging a good hole" waiting for you to jump in
GEC mining machine is a pyramid scheme. The new trading mode of "GEC environmental protection coin" has been widely spread. The mode takes "ecological environment protection", "zero investment", "zero risk" and "high income" as labels, and draws the development capital chain down the line by pulling people into the partnership. Environmental protection coins can basically be classified as disks and circles. The appearance of disk circle is virtual currency, and the core is capital disk. The former's income comes from the later's capital. This model is not only suspected of ICO in disguise, but also suspected of MLM
there is also a way of "cloud computing power" in the trading mode of "GEC environmental protection coin"“ The "cloud computing power" has been running for 1440 hours with an expected annual rate of return of 200%, 2160 hours with an expected annual rate of return of 250%, 4320 hours with an expected annual rate of return of 300%, 8640 hours with an expected annual rate of return of 350%
but "cloud computing power" means that investors spend money to buy the lease right of mining machinery for a certain period of time, and the professional mining machinery management platform provides the lease service, which is a bit similar to the concept of crowdfunding. If the price of virtual currency continues to fall, mining will not make money
{rrrrrrr}
extended information:
Article 7 of the regulations on the prohibition of pyramid selling
the following behaviors belong to pyramid selling behaviors:
(1) the organizer or operator, through the development personnel, requires the development personnel to develop other personnel to join, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests (3) the organizers or business operators, through the development personnel, require the development personnel to develop other personnel to join, form the relationship between the upper and lower line, and calculate and pay the online remuneration based on the sales performance of the lower line, so as to seek illegal interests Article 8 the administrative department for Instry and Commerce shall, in accordance with the provisions of these regulations, be responsible for investigating and dealing with the pyramid selling activities specified in Article 7 of these regulationsmobile mining is a fraud
precautions:
1. The application platform is also the same in the propaganda, which guarantees that it will not engage in capital market, will not run away, and will receive money officially, which will be stable forever, so that everyone can rest assured of "mining" with mobile phone
2. In terms of the current computing power of mobile phones, a single mobile phone may not be able to find a valuable cryptocurrency for a long time, and as a result, it can only consume electricity for nothing
if you want to mine, you still need to buy a professional ASIC miner, because the computing power has been rising. Even if you buy a real miner, if the overall performance of the miner can't keep up, it's hard to recover the cost. Mining machinery is an instry with rapid upgrading. In China, it is suggested that you buy Avalon third generation miner.